Emplicure communicates the outcome of the exercise of warrants of series TO1 and the Company receives app. SEK 12.3 million

2022-05-17 06:22

Emplicure AB (publ) ("Emplicure" or the "Company") announces the outcome of the exercise of warrants of series TO1, which were issued during the second quarter of 2021. A total of 5,902,512 warrants of series TO1 were exercised, corresponding to approximately 61.5 percent of outstanding warrants of series TO1, for subscription of 5,902,512 shares at a subscription price of SEK 2.09 per share. Through the exercise of the warrants of series TO1, Emplicure receives approximately SEK 12.3 million before issue costs.

The subscription period for the exercise of the warrants of series TO1 took place during the period from April 29, 2022 up to and including May 13, 2022.

Exercised warrants have been replaced with interim shares (IA) pending registration of the shares with the Swedish Companies Registration Office. The conversion of interim shares into shares is expected to take place within three (3) weeks.

Number of shares, share capital and dilution
Through the exercise of warrants of series TO1, the number of shares in Emplicure increases by 5,902,512, from 20,558,000 shares to 26,460,512 shares. The share capital increases with SEK 295,125.600, from SEK 1,027,900 to SEK 1,323,025.600.

For existing shareholders who did not exercise any warrants of series TO1, the dilution amounts to approximately 22.3 percent, based on the number of shares in the Company after the exercise of the warrants.

Mangold Fondkommission AB is the financial advisor and issuing agent and Advokatfirman Lindahl KB is the legal advisor to Emplicure in connection with the exercise of the warrants.

This information is such that Emplicure AB (publ) is required to make public in accordance with the EUs Market Abuse Regulation (MAR). The information was made public by the Companys contact persons below on May 17, 2022 at 08:20 CET.

For more information, please contact:

Torbjörn W. Larsson
Phone: +46 (0)70 747 65 99
Email: torbjorn.walkerlarsson@emplicure.com

Erik Magnusson
CFO, Investor Relations
Phone: +46 (0)708 565 245
Email: erik.magnusson@emplicure.com

Certified Adviser
Emplicure AB (publ) is listed on the Nasdaq First North Growth Market. Certified Adviser is Mangold Fondkommission AB, +46 8 503 015 50, or via ca@mangold.se

The following documents can be retrieved from beQuoted

Emplicure is a pharmaceutical company developing new and innovative drugs by combining existing and approved active substances, and advanced materials science within ceramic biomaterials. The product portfolio is focused on chronic pain, and with abuse deterrent formulations. The wholly owned subisidiary, Amplicon AB develops consumer products, with white tobacco-free nicotine pouches as the first product. Read more at www.emplicure.com

Do you want to know more?